With some of the most renowned and amenity-rich golf communities to his credit, not to mention close friendships with Hollywood A-listers, Discovery Land Company founder and CEO Michael Meldman is at the top of the development game

After a few lousy years, there are some bright spots on the second-home-ownership horizon. According to the 2014 Investment and Vacation Home Buyers Survey, which was commissioned by the National Association of Realtors (NAR), vacation-home...